試験IIA-CIA-Part3 トピック6 問題16 スレッド

IIA IIA-CIA-Part3のリアル試験問題集
問題 #: 16
トピック #: 6

Using the net present value method, project A's net present value is:

A. US $ 316,920)

B. US $ 265,460)

C. US $0

D. US $316,920

The cash flow at December 31 of Year 5 is 5 years from the present cash outflow, and the net present value method uses the firm's cost of capital of 18%. The present value factor for 18% for 5 years is .4371, and US $7,400,000 multiplied by .4371 equals US $3,234,540, which is US $265,460 less than the present cash outflow of US $3,500,000.